Beginning to get attentionSteven Palmer, AlphaNorth Asset Management
Steven Palmer, president of AlphaNorth Asset Management, is also upbeat on the resource sector, but prefers the junior plays that can offer higher potential.
He sees upside potential in Blackbird Energy Inc., which has a significant land package in Alberta’s Montney oil and gas play. “They plan to drill that before the end of the year, and there are pretty high odds it will be successful,” said Mr. Palmer, who tries to buy companies with specific advantages rather than rely on rising commodity prices.